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CXSE vs. VGT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CXSE and VGT is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.5

Performance

CXSE vs. VGT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree China ex-State-Owned Enterprises Fund (CXSE) and Vanguard Information Technology ETF (VGT). The values are adjusted to include any dividend payments, if applicable.

0.00%200.00%400.00%600.00%800.00%JulyAugustSeptemberOctoberNovemberDecember
41.82%
844.39%
CXSE
VGT

Key characteristics

Sharpe Ratio

CXSE:

0.36

VGT:

1.38

Sortino Ratio

CXSE:

0.81

VGT:

1.86

Omega Ratio

CXSE:

1.10

VGT:

1.25

Calmar Ratio

CXSE:

0.18

VGT:

1.94

Martin Ratio

CXSE:

1.05

VGT:

6.96

Ulcer Index

CXSE:

12.07%

VGT:

4.25%

Daily Std Dev

CXSE:

34.67%

VGT:

21.47%

Max Drawdown

CXSE:

-70.01%

VGT:

-54.63%

Current Drawdown

CXSE:

-60.81%

VGT:

-4.01%

Returns By Period

In the year-to-date period, CXSE achieves a 8.97% return, which is significantly lower than VGT's 29.19% return. Over the past 10 years, CXSE has underperformed VGT with an annualized return of 3.08%, while VGT has yielded a comparatively higher 20.72% annualized return.


CXSE

YTD

8.97%

1M

-2.50%

6M

8.66%

1Y

11.54%

5Y*

-4.99%

10Y*

3.08%

VGT

YTD

29.19%

1M

2.86%

6M

5.94%

1Y

28.93%

5Y*

21.70%

10Y*

20.72%

Compare stocks, funds, or ETFs

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CXSE vs. VGT - Expense Ratio Comparison

CXSE has a 0.32% expense ratio, which is higher than VGT's 0.10% expense ratio.


CXSE
WisdomTree China ex-State-Owned Enterprises Fund
Expense ratio chart for CXSE: current value at 0.32% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.32%
Expense ratio chart for VGT: current value at 0.10% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.10%

Risk-Adjusted Performance

CXSE vs. VGT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree China ex-State-Owned Enterprises Fund (CXSE) and Vanguard Information Technology ETF (VGT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for CXSE, currently valued at 0.36, compared to the broader market0.002.004.000.361.38
The chart of Sortino ratio for CXSE, currently valued at 0.81, compared to the broader market-2.000.002.004.006.008.0010.000.811.86
The chart of Omega ratio for CXSE, currently valued at 1.10, compared to the broader market0.501.001.502.002.503.001.101.25
The chart of Calmar ratio for CXSE, currently valued at 0.18, compared to the broader market0.005.0010.0015.000.181.94
The chart of Martin ratio for CXSE, currently valued at 1.05, compared to the broader market0.0020.0040.0060.0080.00100.001.056.96
CXSE
VGT

The current CXSE Sharpe Ratio is 0.36, which is lower than the VGT Sharpe Ratio of 1.38. The chart below compares the historical Sharpe Ratios of CXSE and VGT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
0.36
1.38
CXSE
VGT

Dividends

CXSE vs. VGT - Dividend Comparison

CXSE's dividend yield for the trailing twelve months is around 1.81%, more than VGT's 0.60% yield.


TTM20232022202120202019201820172016201520142013
CXSE
WisdomTree China ex-State-Owned Enterprises Fund
1.81%1.71%1.55%0.86%0.54%0.96%1.49%1.24%1.39%1.02%2.29%2.75%
VGT
Vanguard Information Technology ETF
0.60%0.65%0.91%0.64%0.82%1.11%1.29%0.99%1.31%1.28%1.12%1.05%

Drawdowns

CXSE vs. VGT - Drawdown Comparison

The maximum CXSE drawdown since its inception was -70.01%, which is greater than VGT's maximum drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for CXSE and VGT. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-60.81%
-4.01%
CXSE
VGT

Volatility

CXSE vs. VGT - Volatility Comparison

WisdomTree China ex-State-Owned Enterprises Fund (CXSE) has a higher volatility of 11.54% compared to Vanguard Information Technology ETF (VGT) at 5.54%. This indicates that CXSE's price experiences larger fluctuations and is considered to be riskier than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
11.54%
5.54%
CXSE
VGT
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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